ENTREPRENEURIAL COMPETENCIES REQUIRED OF BUSINESS EDUCATION GRADUATES FOR EFFECTIVE ENTREPRENEURSHIP DEVELOPMENT IN ANAMBRA STATE

Anthonia Chinyere Okoye (PhD), Josephat N. Onyeagba

Abstract


The study was conducted to determine entrepreneurial competencies required of business education graduates for entrepreneurship development in Anambra State Analytic descriptive research design was adopted for the study. Two research questions and two hypotheses tested at .05 level of significance were used. Population consisted of 227 registered small scale and medium scale entrepreneurs with the Ministry of Commerce and Industry, Awka, Anambra State. A validated questionnaire with reliability coefficients of 0.79 was used for data collection. Mean and standard deviation were used to analyzed research questions while t-test was used to test the hypotheses. The study concluded that business education has the potentials of promoting entrepreneurship development in Nigeria since it could lead to acquisition of competencies for identifying viable investment opportunities, proper marketing, financial management, proper management, avoidance of business failure among others. There were no significant differences in the mean ratings of respondents on entrepreneurial and innovative competencies required of business education graduates for effective entrepreneurship development. The study strongly recommended, among others, that government should make fund available for retraining of business educators to acquaint themselves with the necessary competencies required in teaching business education students so as to equip them with the skills needed in the world of business.

Keywords


Business education, Competencies, Entrepreneurship, Development.

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